311 Sherbrooke RdManliusNY13104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Manlius at 311 Sherbrooke Rd, Manlius, NY, 13104 priced at $359,900 pairs $2,477/mo rent with $73/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,477/mo, and annual cash flow comes to $878/yr on $119,307 invested. Return on cash invested is 20.65% in year one, and rental yield stands at 8.26% on a $359,900 basis. Equity gained on principal adds $2,322/yr, and 5% annual appreciation accumulates to $99,434 by year five. Five-year ROI measures 107.45% and total cumulative return in cash reaches $128,198. For financing, Ziffy Mortgage’s DSCR program evaluates $2,477/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13104, Manlius, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,759 (100%) |
| Owner Occupied HU | 5,039 (74.6%) |
| Renter Occupied HU | 1,377 (20.4%) |
| Vacant Housing Units | 343 ( 5.1%) |
| Median Home Value | $353,728 |
| Average Home Value | $397,645 |
Housing Distribution
Address Breakdown
Residential
6,478
Single Family
5,846
Multi-Family
632
Businesses
355
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Nearby investment properties with comparable prices
Listed by: Maria Galletta • Howard Hanna Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1596668
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